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Leading Space Tourism Companies Merge Washington - November 14, 1999 - Space Adventures has acquired the Space Voyages division of adventure travel leader, Zegrahm Expeditions (Seattle, WA), and 100 percent of the division's assets. The acquisition was announced at the Space Frontier Foundation's Space Enterprise Symposium, being held at Seattle's Museum of Flight. The merging of the assets of these two companies - the only companies currently offering trips to space, -- now makes Space Adventures the world's largest space-related adventure travel company. "We are thrilled to have joined forces, but it's really our customers that win big. Combining the talents, hard work, and resources of our two companies will bring space travel to the public even faster," said Eric Anderson, vice president of Space Adventures. "We share the same principal goal to make space tourism a reality for citizen astronauts." Aerospace analysts and consultants agree that recent advancements in aerospace and computer technologies are bringing ever closer the time when citizens will travel into space. Some predict that several reusable launch vehicles will be developed over the next few years to transport people comfortably to and from space. "For Zegrahm, this transfer is strictly a sound business decision that allows us to further concentrate on our growing expeditions on earth, whilekeeping our clients' dreams of traveling to space on track," said Werner Zehnder. "We are very pleased to be transferring ownership of the Space Voyages project to Space Adventures - a premier company with a proven track record of operating terrestrial space travel programs." Zehnder will continue to play a role in the space tourism business as he joins Space Adventures' Advisory Board. Additionally, Space Adventures will continue working with Vela Technology Development, Inc. (Vienna, VA) to market travel on their innovative Space Cruiser System. The Space Cruiser adventure will encompass a complete seven-day astronaut training and education program, as well as the journey to space. Space Adventures, Ltd., a privately-held company founded by two of the world's premier travel companies, Omega World Travel (Fairfax, VA), and Quark Expeditions (Darien, CT), is the world's premier space travel and tourism agency. Programs available today include the Steps to Space adventure travel programs: zero-gravity flights, rides at 2.5 times the speed of sound to the edge of space in high-altitude supersonic jets, and exclusive tours of the world's space and astronomy facilities, institutions and centers.
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